Mizuho Maintains Neutral on Exelon, Lowers Price Target to $36
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Paul Fremont has maintained a Neutral rating on Exelon (NASDAQ:EXC) but has reduced the price target from $40 to $36.

December 18, 2023 | 4:59 pm
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NEGATIVE IMPACT
Mizuho analyst Paul Fremont maintains a Neutral stance on Exelon but lowers the price target from $40 to $36, indicating a potential downside or limited upside.
The reduction in price target by a reputable analyst like Paul Fremont can lead to a negative perception among investors, potentially causing a short-term decline in the stock price. The Neutral rating suggests that the analyst does not see significant upside or downside from the current price level, but the lowered target may weigh on investor sentiment.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100